Reverse Mortgage vs. Traditional Mortgages or Home Equity Loans
15 year Fixed Loans
With a 15 year fixed rate home loan you will never have to worry about your monthly payments going up during the fixed loan period. The mortgage rate and payment that First Wholesale Lending will get you, are FIXED for the life of the loan.
Is a 15-year Fixed Rate Mortgage right for you?
Would you like to pay
off your loan as fast as
possible?
Do you prefer to have a
consistent mortgage
payment?
Would you like to pay
less interest over the life
of the loan?
If you have answered yes to any of these, let a FWL loan specialist help you get into a 15-year-fixed-mortgage-rate that is right for you!
Benefits of a 15-year Fixed Rate Mortgage Rate
With a FWL 15-year Fixed Rate Mortgage:
Your Monthly payments are based on interest rate, principal loan amount, and amortized
interest over 15years
Your payment will not change throughout the life of the loan
You will not have a pre-payment penalty
Lower mortgage rates + shorter term + less interest overall = Happy Borrower!